The New York Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. is a legal document that outlines the terms and conditions of the underwriting agreement between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. for a specific mortgage loan trust. This agreement is specific to the state of New York and encompasses various aspects of the underwriting process. The underwriting agreement serves as a contractual agreement between ABCs Mortgage Loan Trust 1999-4, which acts as the issuer of the mortgage-backed securities, and Prudential Securities, Inc., which acts as the underwriter. The underwriter's role is to assess the risk profile of the mortgage loan trust and purchase the securities from ABCs Mortgage Loan Trust 1999-4 for resale to investors. This agreement ensures that Prudential Securities, Inc. agrees to purchase and distribute the offered securities in compliance with applicable laws and regulations. It also outlines the responsibilities, obligations, and compensation terms for both parties involved. The New York Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. may have different types or variations depending on the specific characteristics of the mortgage loan trust being underwritten. These variations can include different loan terms, interest rates, maturity dates, or other unique features of the mortgage loans within the trust. Overall, this underwriting agreement is crucial in establishing a clear understanding between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. It serves to protect both parties' interests and ensures that the underwriting process for the mortgage loan trust is conducted in a legally compliant manner in the state of New York.